Note 3 - Securities (Tables)

6 Months Ended

Jun. 30, 2014

Note 3 - Securities (Tables) [Line Items]

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of June 30, 2014
Equity Securities	$	102,212	$	18,270	$	(14,468	)	$	106,014
Debt Securities:
U. S. government agencies		17,859,155		-		(521,929	)		17,337,226
Municipals		14,390,096		103,051		(210,367	)		14,282,780
Government sponsored mortgage-backed securities		69,518,311		303,267		(1,133,057	)		68,688,521
	$	101,869,774	$	424,588	$	(1,879,821	)	$	100,414,541

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Approximate Fair Value
As of December 31, 2013
Equity Securities	$	102,212	$	16,007	$	(18,913	)	$	99,306
Debt Securities:
U. S. government agencies		33,198,865		-		(1,437,478	)		31,761,387
Municipals		14,133,821		18,827		(660,021	)		13,492,627
Corporates		990,663		3,609		-			994,272
Government sponsored mortgage-backed securities		53,245,297		265,038		(2,165,242	)		51,345,093
	$	101,670,858	$	303,481	$	(4,281,654	)	$	97,692,685

Available-for-sale Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
1-5 years	$	9,514,806	$	9,337,173
6-10 years		14,984,811		14,576,895
After 10 years		7,749,634		7,705,938
Government sponsored mortgage-backed securities not due on a single maturity date		69,518,311		68,688,521
	$	101,767,562	$	100,308,527

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of June 30, 2014
Debt Securities:
Government sponsored mortgage-backed securities	$	69,862	$	1,766	$	-	$	71,628

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)		Approximate Fair Value
As of December 31, 2013
Debt Securities:
Government sponsored mortgage-backed securities	$	79,162	$	1,927	$	-	$	81,089

Schedule of Unrealized Loss on Investments [Table Text Block]

	June 30, 2014
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	-	$	-		$	33,459	$	(14,468	)	$	33,459	$	(14,468	)
U. S. government agencies		-		-			17,337,226		(521,929	)		17,337,226		(521,929	)
Municipals		2,729,915		(15,070	)		7,181,252		(195,297	)		9,911,167		(210,367	)
Government sponsored mortgage-backed securities		19,800,679		(111,552	)		35,152,236		(1,021,504	)		54,952,914		(1,133,056	)
	$	22,530,594	$	(126,622	)	$	59,704,173	$	(1,753,199	)	$	82,234,766	$	(1,879,821	)

	December 31, 2013
	Less than 12 Months					12 Months or More					Total
Description of Securities	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
Equity Securities	$	-	$	-		$	29,014	$	(18,913	)	$	29,014	$	(18,913	)
U. S. government agencies		24,731,730		(916,208	)		7,029,657		(521,270	)		31,761,387		(1,437,478	)
Municipals		10,460,662		(534,440	)		1,701,215		(125,581	)		12,161,877		(660,021	)
Government sponsored mortgage-backed securities		32,074,646		(1,655,296	)		9,685,143		(509,946	)		41,759,789		(2,165,242	)
	$	67,267,038	$	(3,105,944	)	$	18,445,029	$	(1,175,710	)	$	85,712,067	$	(4,281,654	)

Held to Maturity Maturities [Member]

Note 3 - Securities (Tables) [Line Items]

Held-to-maturity Securities [Table Text Block]

	Amortized Cost		Approximate Fair Value
Government sponsored mortgage-backed securities not due on a single maturity date	$	69,862	$	71,628